MAS to spring biggest layoff in Malaysia's corporate history

Some 8,000 MAS employees will soon be told that they will be laid off under a staff cutback plan by the state-owned carrier that could cost some RM1.6 billion.

PHOTO: BLOOMBERG

Singapore

SOME 8,000 staff of Malaysia Airlines (MAS) will soon receive the bleak news that they will be laid off under a large-scale staff cutback plan by the embattled state-owned carrier that could cost some RM1.6 billion (S$592 million).